At the close of Week 30, the global bunker indices tracked by MABUX displayed mixed dynamics. The 380 HSFO index edged down by 1.04 USD, dropping from 466.85 USD/MT to 465.81 USD/MT, and remained well below the 500.00 USD threshold.
In a groundbreaking development for the global marine fuels industry, leading shipping and bunkering companies have come together to launch a Bunkering Services Initiative focused on solving the widely reported issues of fuel quantity shortages and fuel quality opacity across
Northwest Europe
All bunker fuel grades are now readily available in the ARA hub, a trader told ENGINE. Lead times have reduced to 5-7 days for all grades, remaining stable for VLSFO and down from last week's 9-10 days for HSFO
Singapore and Malaysia
VLSFO delivery schedules in Singapore continue to vary significantly between suppliers. Some can provide delivery within five days, while others require advance booking of up to three weeks. This represents a marginal improvement from the previous week’s range
The United States exported more crude oil to Nigeria than it received from Nigeria for the first time in February and March 2025. During this period, refinery maintenance on the U.S. East Coast drove down U.S. demand for crude oil
Industry coalition, SEA-LNG has published a new report titled ‘The LNG Pathway: Mid-Year Market Review' – evaluating the state of play for LNG, liquefied biomethane (LBM), and e-methane – as well as presenting initial analysis of why LNG dual-fuel engines
The International Energy Agency (IEA) has again found its ‘missing barrels’. Although the term should be viewed as a misnomer. Barrels are never actually missing; it is just that global demand for oil is being materially under-counted.
This is highlighted once
Clean
LR2
LR2 freight in the MEG recovered by mid-week to then plateau. The TC1 75kt MEG/Japan index climbed 13.06 points to WS125. A TC20 90kt MEG/UK-Continent trip also went from $3.38mill to $3.65mill.
West of Suez, Mediterranean/East LR2’s held completely flat this
Maritime transport is crucial for global trade, accounting for 80% of trade volume,1 but contributing more than a 10th of the transport sector’s CO2 emissions. With cargo volumes rising, can the shipping sector lower its carbon footprint?
Shipping is one of
North America
Bunker fuel demand has improved over the week in Houston, and availability is good across all three fuel grades at the port.
“We can offer HSFO at $428-429/mt and LSMGO at $681-695/mt, under a week. VLSFO availability also good,” a